Sensex, Nifty open flat on first day of New Year; midcaps outperform

State Bank of India (SBI), L&T, Hero MotoCorp and GAIL were the top gainers, while HUL, Wipro and Infosys were the top losers.

9:45 am Brigade Enterprises gains: Shares of Brigade Enterprises gained 2.5 percent in the early trade on Monday as it has bought 12.95 acre land for Rs 218 crore in Bengaluru.

9:30 am Buzzing Stock: Shares of Allahabad Bank were up almost 5 percent intraday on Monday as the bank raised Rs 500 crore.

9:15 am Market Opens: Benchmark indices began the New Year on a flat note, but the midcaps were trading higher and outperforming the benchmarks in the opening tick.

Among stocks, State Bank of India (SBI), L&T, Hero MotoCorp and GAIL were the top gainers, while HUL, Wipro and Infosys were the top losers.

In the currency space, Indian rupee opened marginally higher at 63.84 per dollar on Monday versus 63.87 Friday.



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